Trading plan: BCHUSD (Bitcoin Cash)

BCHUSD rate fulfilled our targets for its purchase. Now we are already thinking about selling Bitcoin Cash from the resistance zone: $ 1300 - $ 1150.
Priority of the day: neutral position on BCHUSD.
It would be interesting to buy Bitcoin Cash from the support zone: $ 870 - $ 805.
Projected scenarios:
1. The growth rate of BCHUSD from $ 1100 to $ 1150.
2. Bitcoin Cash may stay in the flat until the end of the day.
An alternative scenario:
The BCHUSD rate may fall earlier from $ 1150 to $ 1050.
BCHUSDTrend Analysis

Also on:

Disclaimer